Czech Republic: Abs Copolymers Market 2024

Abs Copolymers Market Size in the Czech Republic

The Czech ABS copolymers market rose significantly to $X in 2021, surging by 11% against the previous year. Over the period under review, consumption, however, continues to indicate a remarkable increase. Consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Abs Copolymers Production in the Czech Republic

In value terms, ABS copolymers production shrank remarkably to $X in 2021 estimated in export price. Overall, production showed a sharp contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 275% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Abs Copolymers Exports

Exports from the Czech Republic

In 2021, exports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms from the Czech Republic was estimated at X tons, with an increase of 2.7% compared with the previous year's figure. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +4.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, ABS copolymers exports soared to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.9% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 35%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), Slovakia (X tons) and Poland (X tons) were the main destinations of ABS copolymers exports from the Czech Republic, together comprising 56% of total exports. These countries were followed by Italy, Austria, Malaysia, China, Turkey and Hong Kong SAR, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +506.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Poland ($X) appeared to be the largest markets for ABS copolymers exported from the Czech Republic worldwide, with a combined 68% share of total exports. These countries were followed by Italy, Austria, Turkey, Malaysia, China and Hong Kong SAR, which together accounted for a further 17%.

Malaysia, with a CAGR of +318.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ABS copolymers export price amounted to $X per ton, jumping by 19% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ABS copolymers export price increased by +77.3% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 28%. The export price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Abs Copolymers Imports

Imports into the Czech Republic

In 2021, supplies from abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 4.4% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +56.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, ABS copolymers imports surged to $X in 2021. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of ABS copolymers imports to the Czech Republic, with a combined 70% share of total imports. South Korea, Italy, Slovakia and Spain lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the largest ABS copolymers suppliers to the Czech Republic, with a combined 68% share of total imports. These countries were followed by South Korea, Italy, Spain and Slovakia, which together accounted for a further 19%.

Slovakia, with a CAGR of +23.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ABS copolymers import price stood at $X per ton in 2021, increasing by 36% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ABS copolymers import price decreased by -21.7% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and Italy ($X per ton), while the price for Slovakia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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